The carrying amount of goodwill is A)not relevant,because goodwill is not amortized. B)captures impairment losses. C)calculated using CCA. D)all of the above E)none of the above

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Goodwill is not amortized but is subject to impairment tests. If an impairment test indicates that the carrying amount of goodwill exceeds its recoverable amount, an impairment loss is recognized, which reduces the carrying amount of goodwill on the balance sheet.

The Carrying Amount of Goodwill Is